Result of AGM

ProVen VCT plc
24 August 2011

At the Annual General Meeting of ProVen VCT plc held today, all resolutions were
passed.

Details of the proxy votes in respect of the resolutions passed at the Annual
General Meeting received as at 10.30am on 22 August 2011, 48 hours before the
time of the meeting (excluding weekends), at Downing Management Services Limited
are set out below:

+--------------+----------+-------------+----------+--------+----------+
|              |   For    |Discretionary| Against  |Withheld|          |
+--------------+----------+-------------+----------+--------+----------+
|Resolution No.|  No. of  |   No. of    |  No. of  | No. of |  Total   |
|              |  Votes   |    Votes    |  Votes   | Votes  |  Votes   |
|              |          |             |          |        |          |
|              |% of votes| % of votes  |% of votes|        |% of votes|
+--------------+----------+-------------+----------+--------+----------+
|      1       |2,077,059 |   79,201    |  19,630  |   -    |2,175,890 |
|              |          |             |          |        |          |
|              |  95.46%  |    3.64%    |  0.90%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      2       |1,827,304 |   85,201    | 199,156  | 64,229 |2,111,661 |
|              |          |             |          |        |          |
|              |  86.53%  |    4.03%    |  9.43%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      3       |2,023,666 |   85,201    |  22,142  | 44,881 |2,131,009 |
|              |          |             |          |        |          |
|              |  94.96%  |    4.00%    |  1.04%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      4       |1,966,251 |   85,201    |  52,665  | 71,773 |2,104,117 |
|              |          |             |          |        |          |
|              |  93.45%  |    4.05%    |  2.50%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      5       |1,950,867 |   110,951   |  29,892  | 84,180 |2,091,710 |
|              |          |             |          |        |          |
|              |  93.27%  |    5.30%    |  1.43%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      6       |2,010,094 |   95,201    |  70,595  |   -    |2,175,890 |
|              |          |             |          |        |          |
|              |  92.38%  |    4.38%    |  3.24%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      7       |1,739,620 |   99,201    | 316,827  | 20,242 |2,155,648 |
|              |          |             |          |        |          |
|              |  80.70%  |    4.60%    |  14.70%  |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      8       |2,036,851 |   83,033    |  56,006  |   -    |2,175,890 |
|              |          |             |          |        |          |
|              |  93.61%  |    3.82%    |  2.57%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+
|      9       |1,941,589 |   120,988   |  60,703  | 52,610 |2,123,280 |
|              |          |             |          |        |          |
|              |  91.44%  |    5.70%    |  2.86%   |        |  100.0%  |
+--------------+----------+-------------+----------+--------+----------+

A copy of the resolutions passed will be submitted to the National Storage
Mechanism and will shortly be available for inspection at
www.hemscott.com/nsm.do.






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Source: Proven VCT plc via Thomson Reuters ONE

[HUG#1540979]